JPMorgan New Europe Fund Accumulation Units
Also available as income units
At a glance
| Initial charge | 4.25% |
|---|---|
| Initial saving | 4.25% |
| Annual charge | 1.50% |
| Annual saving | 0.250% ² |
| Total Expense Ratio | 1.76% |
| Launch date | 01-11-1997 |
| Launch price | £0.50 |
| Sector | Specialist |
| Fund size | £152 million |
| Number of holdings | 60 |
| Fund type | OEIC |
| Type of units | Accumulation |
Ways to Invest
Find out how to invest in this fundHL Research - Our view on this Fund
Heavily exposed to Russia, which has fallen rapidly in recent months. We still believe it represents an excellent long term investment. Management team have much experience of investing in the region.Full research
About the Fund Manager
Oleg Biryulyov
Located in: London
Oleg Biryulyov is an investment manager responsible for Eastern and Emerging European equities and Russian equities in the Global Emerging Markets Group based in Moscow. An employee since 1994, Oleg was previously a portfolio manager for Flemings Urals Regional Venture Fund. Prior to this, he was an investment analyst. Before joining the firm, Oleg was an investment analyst at Energomash Corporation, Russia. Oleg obtained a degree in economics from Moscow State University, Lomonosov. He is a holder of the CFA designation.
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Income details
| Historic yield | 1.20% |
|---|---|
| Income paid | Annually |
| Type of payment | Dividend |
All yields are variable and not guaranteed. There is currently no yield information available for this fund.
Distribution dates
| Ex-dividend date | 01 February 2008 |
|---|---|
| Payment date ³ | 30 April 2008 |
Top 10 holdings
| Sberbank-CLS | 7.93% |
|---|---|
| JPMorgan Russian Secs | 7.85% |
| Mechel OAO ADS | 6.09% |
| AO TATNEFT | 4.87% |
| OJSC Magnitogorsk Iron & Steel Works | 3.93% |
| MAGNIT OJSC-SPON GDR REGS | 3.27% |
| Mobile Telesystems ADS | 3.14% |
| Powszechna Kasa Oszczednosci Bank Polski S.A. | 3.08% |
| Cez A.S. | 3.04% |
| Dragon Oil | 2.89% |
Top 10 sectors
| Banks | 20.73% |
|---|---|
| Industrial Metals & Mining | 19.95% |
| Non-Classified | 12.56% |
| Oil & Gas Producers | 12.24% |
| Equity Investment Instruments | 7.85% |
| Mobile Telecommunications | 6.76% |
| Fixed Line Telecommunications | 5.23% |
| Cash and Equiv. | 4.22% |
| Electricity | 3.58% |
| Media | 1.39% |
Top 10 countries
| Russian Federation | 47.10% |
|---|---|
| Turkey | 12.89% |
| Poland | 10.86% |
| Non-Classified | 7.85% |
| United States | 4.30% |
| Cash and Equiv. | 4.22% |
| Czech Republic | 3.04% |
| Ireland | 2.89% |
| Austria | 2.48% |
| Luxembourg | 1.82% |
² Annual saving is not available in the SIPP.
³ If you elect to receive the income from a Vantage ISA, Fund or Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.
Last valuation as at 21-11-2008. Data accurate as at 30/09/2008.
